Formotive Ltd
11203255
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/03/2025
micro entity
Next accounts due
31/12/2026
Confirmation statement
Last: 23/02/2026
Due 09/03/2027
Industry
Officers
Persons with Significant Control
Michelle Brown
British · England · Age 52
70, Clarkehouse Road, Sheffield, S10 2LJ
Notified 13/02/2018
CompanyRankvs 9869+ SIC 62090 peers72
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/03/2025
Net Worth
£186k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£183k
Working capital
Current Assets
£230k
Current Liabilities
£47k
Fixed Assets
£3k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 4.92 | +£17k |
| 2024 | 4.63 | +£3k |
| 2023 | 5.89 | +£7k |
| 2022 | 6.96 | -£1k |
| 2021 | 5.63 | — |
Derived from filed accounts. Not audited figures.